Nature of Right. The Tenant is hereby granted use and enjoyment of the Premises for the term herein. In addition, the Tenant is hereby granted a non-exclusive use and enjoyment of the Common Areas within the Building for the term herein in conjunction with such other persons as the Landlord may now or hereinafter determine in its sole discretion may enjoy the right to use the Building, all subject to reasonable limits as established by the Landlord.
Nature of Right. All agreements and obligations of the Company contained herein shall continue during the period Indemnitee is a Director of the Company. The indemnification rights and the rights to payment of expenses granted to Indemnitee under this Agreement shall not be deemed exclusive of or in limitation of, any rights to which Indemnitee may be or hereafter become entitled under any statute or agreement, the Company’s Articles of Incorporation or By-laws, a vote of stockholders or disinterested directors, or otherwise. The amounts to which Indemnitee is entitled under this Agreement in connection with a proceeding shall be reduced by the amount of any other indemnification or reimbursement of such liability and expense to such person in connection with the same proceeding.
Nature of Right. When exercisable, each Right (a “Right”) will initially entitle the holder to purchase one one-thousandth of a share of Series A Preferred Stock (“Preferred Stock”) of Packeteer, Inc. (the “Company”).
Nature of Right. In accepting this Option grant, the Employee acknowledges that:
(a) The grant of an Option under the Plan is voluntary and occasional and does not create any contractual or other right to receive additional Options or other Plan Benefits, even if Options have been granted repeatedly in the past. Nothing contained in this Agreement is intended to create or enlarge any other contractual obligations between the Company and the Employee. Future Option grants, if any, and their terms and conditions, will be at the sole discretion of the Committee;
(b) the Plan is established voluntarily by the Company, it is discretionary in nature and it may be modified, amended, suspended or terminated by the Company at any time;
(c) the Employee is voluntarily participating in the Plan;
(d) the future value of the underlying Shares is unknown and cannot be predicted with certainty;
(e) in consideration of the grant of the Option, no claim or entitlement to compensation or damages shall arise from the Option resulting from Termination of the Employee’s employment with Company or its Subsidiaries (for any reason whatsoever and whether or not in breach of local labor laws) and the Employee irrevocably releases the Company and its Subsidiaries from any such claim that may arise; if, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction to have arisen, then, by signing or electronically accepting this Agreement, the Employee shall be deemed irrevocably to have waived the Employee’s entitlement to pursue such claim; and
(f) neither the Company nor any of its Subsidiaries shall be liable for any change in value of the Option, the amount realized upon exercise of the Option or the amount realized upon a subsequent sale of any Shares acquired upon exercise of the Option, resulting from any fluctuation of the United States Dollar/local currency foreign exchange rate.
Nature of Right. When exercisable, each Right (a "Right") will initially entitle the holder to purchase one one-thousandth of a share (a "Unit") of the Preferred Stock ("Preferred Stock") of Adobe Systems Incorporated (the "Company").
Nature of Right. When exercisable, each Right (a “Right”) will initially entitle the holder to purchase one one-thousandth of a share of Series A Preferred Stock (“Preferred Stock”) of Jamba, Inc. (the “Company”).
Nature of Right. When exercisable, each Right (a “Right”) will initially entitle the holder to purchase one one-thousandth of a share of Series RP Preferred Stock (“Preferred Stock”) of Finisar Corporation (the “Company”).
Nature of Right. When exercisable, each Right (a “Right”) will initially entitle the holder to purchase one one-hundredth of a share of Series G Preferred Stock (“Preferred Stock”) of LogicMark, Inc. (the “Company”).
Nature of Right. MK will own 100% of the outstanding shares of GESCO --------------- II. BNFL-USA will have a contractual right (the "BNFL Right") to receive payments from GESCO II in an amount such that taking the payments to BNFL-USA together with distributions from GESCO II to MK, BNFL-USA will receive 8% of such amounts. Such payments will continue until terminated as provided in Section 12.2. As reflected in Section 3.2 above, BNFL-USA will have no right to influence or control the management or operations of GESCO II in any manner.
Nature of Right. For so long as any of the interests created by this instrument remain extant, we reserve and shall have the right to purchase from time to time all or any portion of the oil, distillate, condensate, drip gasoline, or other liquid hydrocarbons (hereinafter referred to as “oil”) which may be produced and saved from or allocated to the Leases conveyed by us hereunder, except for that oil which is used for operations upon and for the sole benefit of the Leases conveyed.
